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I have known they have bad blood but over what exactly? Is It Just Money Or Is There More.
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It seems to me as though Arum has beef with whoever leaves his stable. Arum does a great job developing fighters star/drawing power. And as soon as DLH and Mayweather left him, there was an imediate beef. -
Mayweather recently sued him for several million that he withheld from him for fights Mayweather did while being promoted by Arum.Comment
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Without fanfare, which is a rarity in boxing, Floyd Mayweather Jr. filed a lawsuit against his former promoter, Bob Arum of Top Rank, in Clark County (Nev.) District Court two weeks ago.
Mayweather claims that Arum shortchanged him on matches against Arturo Gatti in 2005 and Zab Judah in 2006. In the lawsuit, Mayweather said he was due 85% of Top Rank's revenue from the Gatti fight and 80% from the Judah fight. He claims Arum has refused to turn over the records for accounting. Mayweather has asked for the statutory minimum of $10,000 on each of the five counts, but would be in line for millions in punitive damages on a breach of contract claim.
This could get ugly before it's over, making it the heavyweight slugfest of the year.
In a strange twist, Arum admits that he owes Mayweather money and said he has told Mayweather's reps why he isn't giving it to him.
"There's no question we owe him some money," Arum said. "There's no dispute there. But he owes us a lot of money, and the people he's involved with owe us even more. After 98% of the money we owed him was paid, we stopped paying him for a reason.
"We're owed ... in the millions. We welcome this lawsuit. We wanted it to be filed. We have counterclaims and cross claims against certain other individuals involved with Mayweather. This is just the opening salvo in a major battle."
Arum and Mayweather parted ways in 2006 after Mayweather paid $750,000 to buy out his contract. That was triggered by Arum's refusal to guarantee Mayweather $20 million to fight Oscar De La Hoya, another Top Rank client, who successfully sued Arum to get out of his contract in 2001. Last year Mayweather and DeLa Hoya hooked up without Arum and fought in one of the highest grossing Pay-Per-View boxing events ever. Mayweather earned more than $30 million for the fight, and the two have planned a rematch for September.
Mayweather believes that Arum stymied his career during the time that he was promoting both Mayweather and De La Hoya (from 1996-2001).
Mayweather is preparing to take part in WrestleMania in Orlando on March 31. The 5-7, 150-pound Mayweather, the WBC welterweight champion and pound-for-pound best, will take on a 7-foot, 441-pound wrestler called Big Show.Comment
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Bob Arum was his promoter, promoters are sometimes crooked with money, and I think they just had a fall out based on money... I guess Pretty Boy felt like he was being jipped. Same as Oscar De LA Hoya... Bob Arum promoted him through some of his career but they had a fall out based on money also.Comment
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Arum claims Floyd flipped on him because he attempted to match him up against Cotto and Margarito.Comment
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Arum promoted Floyd at Top Rank for a handful of years. Floyd claims Arum cheated him out of money and wanted it. He ended up buying out his contract and then it caused issues with Arum getting in the way of Floyd-ODLH for a while.
Then Arum made it his personal mission to put Floyd down at any chance he got such as boasting about Magarito or making any claims he could in order to question Floyd to the media and boxing fans.Comment
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When Arum tries to match Cotto and Margarito with Floyd, he ran like a ***** and leave Top Rank.
When everyone wants to see Cotto vs Mayweather and Margs vs Mayweather.
Floyd: "I Retired"
The Pretty Boy is Back:
against a 130 pounder!!Comment
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Thanks everyone who responded with real answers...But it's money pretty much as usual. Damn well atleast this may make Mayweather Vs Mosely possible cause if the beef with him and none of the other matches were made be it over money or Floyd not wanting to fight for whatever reason I doubt things will get easier to get matches made.
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